Senegal: Fifth Review Under the Policy Support Instrument and Request for Modification of Assessment Criterion-Press Release; Staff Report

January 12, 2018

Preview Citation

Format: Chicago

Senegal: Fifth Review Under the Policy Support Instrument and Request for Modification of Assessment Criterion-Press Release; Staff Report, (USA: International Monetary Fund, 2018) accessed December 22, 2024

Also available in: français

Summary

This paper discusses Senegal’s Fifth Review Under the Policy Support Instrument and Request for Modification of Assessment Criterion. Senegal’s macroeconomic situation is stable. Growth is expected to exceed 6 percent in 2017 for the third year in a row, while inflation remains low. The fiscal deficit has been declining progressively in recent years and is projected to reach 3.7 percent of GDP in 2017. The current account deficit is projected to increase to 7.8 percent of GDP in 2017 owing to higher oil prices and slightly slower export growth. The outlook for the Senegalese economy remains on the whole positive. Senegal needs to continue implementing its structural reform program to maintain high growth rates of recent years.

Subject: Budget planning and preparation, Debt sustainability analysis, External debt, Public debt, Public financial management (PFM), Revenue administration

Keywords: Budget planning and preparation, Burden indicator, CR, Creating flow, Debt, Debt indicator, Debt sustainability analysis, Deficit, Dynamics raise, GDP deflator, Global, ISCR, Plan Sénégal emergent, Reform, Risk rating, Sustainability framework

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/008
Stock No:

1SENEA2018001
ISBN:

9781484337509
ISSN:

1934-7685

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